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Legal Era

From Legal Era
Punjab & Haryana High Court Issues Notices To SEBI, DHFL For Failing To Safeguard Interests Of Debenture Holders
[ By Bobby Anthony ]The Punjab & Haryana High Court has issued notices to the Securities and Exchange Board of India (SEBI), Dewan Housing Finance Corporation Ltd (DHFL) and Catalyst Trusteeship Ltd,...
Chidambaram supported controversial arms dealers Ravi Rishi and Sanjay Bhandari despite Intelligence Bureau warnings
Controversial arms dealers late Ravi Rishi and fugitive economic offender Sanjay Bhandari - promoted Vectra Group were actively aided and supported by tainted former Home and Finance Minister P...
NCP leader Praful Patel summoned by Enforcement Directorate
The Enforcement Directorate (ED) has summoned Nationalist Congress Party (NCP) leader Praful Patel in an alleged money laundering-terror funding case. The summons comes up after the recent searches...
Videocon’s Resolution Professional Seeks Expressions Of Interest For 13 Firms Under Insolvency & Bankruptcy Code
[ By Bobby Anthony ]The Videocon Group’s newly appointed resolution professional has sought expressions of interest (EoI) for 13 group companies undergoing resolution using the Insolvency and...
Visa, Mastercard abandon Facebook’s Libra digital currency plan
Visa and Mastercard announced that they have shunned Facebook’s Libra project which will set a fatal blow to Facebook’s plan for a worldwide digital currency. PayPal was the first of Libra’s big...
Supreme Court Makes It Clear That Those Who Diverted Amrapali Group Funds Will Either Pay Or End Up In Jail
[ By Bobby Anthony ]The Supreme Court has stated that it intends to tighten the noose on all of those in the Amrapali Group who benefited from the diversion of homebuyers’ money.The court stated that...
CAIT seeks Government audit into business models of Amazon and Flipkart after retailer complaints
The Confederation of All India Traders (CAIT) has written a letter to Commerce and Industry Minister Piyush Goyal to initiate an audit into the business model of e-commerce firms Amazon and Flipkart....
Supreme Court of India delays the hearing on Crypto ban case; reschedules the hearing on 12th November
The case on crypto ban which was scheduled to be heard today by the Supreme Court has been rescheduled again to be heard on 12th of November, 2019. The case is in connection with the blanket ban on...
CREDAI seeks clarification on compulsory registration of projects under RERA
According to the Confederation of Real Estate Developers Associations of India (CREDAI-Pune Metro), registration under Real Estate Regulatory Authority (RERA) should not be made mandatory for housing...
Government Planning To Increase Threshold Of Default To Invoke IBC, Says Corporate Affairs Secretary Injeti Srinivas
[ By Bobby Anthony ]The government plans to increase the threshold amount to invoke bankruptcy proceedings in order to prevent businesses from being dragged into bankruptcy tribunals even for minor...
Purchaser of goods for commercial purpose for earning his livelihood by means of self-employment is deemed to be a consumer: SC
A Supreme Court bench of Justices Uday Umesh Lalit, Indira Banerjee and M.R. Shah ruled that if the commercial use of goods by the purchaser himself is for the purpose of earning his livelihood by...
Google Moves Delhi HC Seeking To Vacate Order Directing Removal Of Anonymous Posts Alleging Sexual Harassment
[ By Bobby Anthony ]Google Inc has moved the Delhi High Court seeking to vacate an order which had directed the company to take down anonymous posts which made allegations of sexual harassment against...












